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Stainless Steel News
Changes in steel industry create challenges
By: Anna Moross 4th March 2022 The steel sector has evolved over the past few years and steel and tube supplier Stewarts & Lloyds branch manager Richard Horsley says this is evident from the supply chain to the end-user. →
Challenging project brings Swoosh to Soweto
By: Halima Frost 18th February 2022 Steel and tube supplier Stewarts & Lloyds Robertville has successfully completed a steel fabrication project for global brand Nike in the newly developed Shapa Soweto Training Centre, in Soweto, Gauteng. The project entailed the fabrication of a roofing structure, made of 406 individually made... →
MSI assists young people with business development skills
By: Yvonne Silaule 25th January 2022 The Mpumalanga Stainless Initiative (MSI) will from next week run an entrepreneurship programme to assist young people to effectively start businesses or scale up existing small businesses into high-growth ventures, through structured entrepreneurship training. MSI is a nonprofit technology... →
Production set to grow
22nd October 2021 Global stainless steel production is expected to grow to 54-million tons in 2021 with an improvement in economic activity and stainless steelmaking capacity in parallel, especially in Indonesia, which is forecast to have a greater output than many developed nations, according to a report released... →
Company first stainless steel producer to earn certification
22nd October 2021 Stainless steel producer Aperam’s Stainless Europe operations in September were successfully certified to be operating at the ResponsibleSteel Standard by independent auditors the Association Française de Normalisation (AFNOR). The ResponsibleSteel initiative is the first global sustainability... →
Association supports resilient industry through master plan
By: Cameron Mackay 22nd October 2021 Despite the impact of Covid-19 and a weak economy, the local stainless steel sector has shown its resilience, as the South African Stainless Steel Development Association (Sassda) continues to support industry through initiatives such as the Steel Master Plan. “When the Steel Master Plan was... →
Suppliers vital to supply chain
By: Cameron Mackay 22nd October 2021 The current shortages of raw materials, which are required for stainless steel fabrication, have highlighted how stainless steel raw material suppliers are vital for the company’s supply chain and economical efficiencies, says water-jet cutting service provider MAXJET director Preeshan Naidoo.... →
Company offers diverse conveyor chains
22nd October 2021 Engineering solutions provider BMG’s comprehensive range of power transmission components incorporates chain manufacturer ZMC industrial conveyor chains, which offer dependable service in diverse applications, especially for use in food production. BMG product manager Gavin Kirsten explains that... →
FDA-compliant pumps benefit multiple industries
By: Theresa Bhowan-Rajah 8th October 2021 Engineering solutions provider BMG’s range of Ingersoll Rand ARO fluid management equipment comprises of Food and Drug Administration- (FDA-) compliant, air-operated, diaphragm pumps that provide solutions for the food and beverage sector, as well as in pharmaceuticals and cosmetic pumps... →
Valve components meet application specifications
By: Theresa Bhowan-Rajah 8th October 2021 Water-jet cutting service provider Maxjet Global has used its extensive experience in the manufacturing of pump and valve components to produce components that are specified for their application. “All our valve components are produced using stainless steel 304, 316, 310 and especially duplex... →
Welding solutions supplied by service provider
3rd September 2021 Integrated gas and welding distributor Unique Welding, through its national branch network, comprehensive product range, global partnerships and over 40 years of expertise is uniquely able to assist fabricators reduce welding costs, improve productivity and reduce weld safety risks in the... →
Steel construction learning reinvisioned
By: Anna Moross 13th August 2021 Nonprofit organisation the South African Institute of Steel Construction (SAISC) is evolving its technical learning sessions for steel construction to a digital platform. The SAISC has been offering technical sessions for engineers since early March and, according to SAISC marketing director... →
Change drives steel supplier forward
By: Anna Moross 13th August 2021 The significant steel shortages have been a huge challenge for steel supplier Stewarts & Lloyds since the start of the pandemic; however, through active in-house changes, the company has created opportunities to benefit from inceased volumes of product. Stewarts & Lloyds branch manager of steel... →
Supplier rejoins institution
By: Anna Moross 13th August 2021 Fasteners, bearings and welding equipment suppliers Bolt and Engineering Distributors (B.E.D.) Group has a long-standing historical association with the Southern African Institute of Steel Construction (SAISC) and has recently decided to rejoin the industry body. “Fasteners, bolts and nuts,... →
Pin gear drives used in kilns
6th August 2021 Engineering solutions provider BMG’s comprehensive range of Tsubaki power transmission components encompasses pin gear drive units that replace conventional gear rack systems, with typical applications being in rotary kilns, casting lines, drives for large transporters, handling robots and pallet... →
Production surplus meets growing rail industry demand
By: Theresa Bhowan-Rajah 30th July 2021 Although stainless steel supplier Columbus Stainless can meet South Africa’s stainless steel material demands in all sectors, including the railroad industry, the apparent stainless steel consumption is too low to fulfil the mill’s total production capacity, says Columbus Stainless market... →
Nickel nears seven-year high with metals rising on demand bets
By: Bloomberg 27th July 2021 Nickel rose for a third straight session, approaching a seven-year high on booming demand for the metal used in stainless steel and electric-vehicle batteries. Copper advanced the most in more than two months. Nickel gained as much as 2.1% to $19 780 a ton. It reached $20 110 in February, the... →
Master plan set to boost local market
2nd July 2021 Speaking on the steel master plan, which is a blueprint for the industry to re-energise itself and expand production, the Southern Africa Stainless Steel Development Association (Sassda) states that the broad structure demanded is in place and export councils are now working to boost the local... →
Infrastructure and import substitution at heart of new master plan’s vision for steel revival
By: Terence Creamer 11th June 2021 A new master plan aimed at stabilising South Africa’s steel industry and creating a platform for the revival of the country’s embattled downstream steel fabricators was signed by representatives from business, labour and government on Friday. The ceremony, which took place amid the constant hum... →
Tradecore Steel acquires KZN assets of Gibbsteel Pinetown
By: Simone Liedtke 8th June 2021 An acquisition has increased steel supplier Tradecore Steel’s processing capability in KwaZulu-Natal and further consolidates the company’s sub-Saharan footprint. Tradecore has acquired the KwaZulu-Natal assets of Gibbsteel, a producer of value-added steel products. →
Iron-ore benchmarks rise on China's steel output plans
By: Reuters 28th May 2021 Iron-ore futures in Asia rose on Friday, but were set for a third weekly decline on persistent price-control concerns. Top steel producer China's recent statements on steel capacity reforms had sparked worries about tight supply prospects, pushing prices to record highs earlier this month. →
Manufacturer mitigates supply challenges
By: Theresa Bhowan-Rajah 28th May 2021 With the global pandemic posing challenges across all industries, the greatest challenge that industrial and electronic supplier Actum faces is the timeous supply of raw materials. “Actum Group is the only authorised manufacturer under licence for BAND-IT stainless steel strapping and buckles... →
Quality stainless steel components supplied during pandemic
28th May 2021 Engineering solutions specialists BMG provided engineering components and support services to all sectors during the Covid-19 pandemic. “The BMG team is committed to making sure industry continues to operate as safely and efficiently as possible during this challenging time. It is absolutely... →
Machine comes to SA shores
By: Theresa Bhowan-Rajah 28th May 2021 With the stainless steel industry need for a smaller and more compact rotary brush machine, deburring machine manufacturers Timesavers International has developed the 22 RB series rotary brush machine, which Timesavers’ local distributor and cutting, welding and grinding solutions provider First... →
Stainless steel industry shows brighter future
28th May 2021 The stainless steel market is still under pressure following years of economic decline in South Africa’s economy. This was exacerbated by Covid-19 and the measures that government imposed to reduce infections, says Africa-based stainless steel mill Columbus Stainless. After the level four... →
State of the stainless steel nation
28th May 2021 Against the backdrop of this year’s State of the Nation Address and the Budget speech, Southern Africa Stainless Steel Development Association (Sassda) acting executive director Michel Basson took an in-depth look at the ‘state of the stainless steel nation’ and how it is expected to fare in... →
Cabinets for use in multiple industries
28th May 2021 Electrical equipment and wire accessories company Legrand’s Atlantic stainless steel cabinets have been designed for safe use in corrosive conditions and in areas requiring a high level of hygiene. These enclosures are designed for maximum safety and the ordered arrangement and optimum protection... →
Iron-ore tumbles as China's price warning grips markets
By: Reuters 24th May 2021 Asia's iron-ore futures tumbled on Monday, leading another bout of selling in the metals complex, after China's state planner warned against commodity price manipulation and vowed to clamp down on speculative trading. The most-traded iron-ore contract for September delivery on China's Dalian... →
Iron-ore slumps as China steps up efforts to curb soaring prices
By: Reuters 20th May 2021 Chinese iron ore and steel futures led a selloff across the nation's metals complex on Thursday after the government sought stricter oversight of commodity markets to curb exorbitant prices, sparking a broad-based correction. September iron ore on the Dalian Commodity Exchange ended daytime... →
CNC machine bolsters company offering
By: Halima Frost 14th May 2021 Waterjet cutting service provider MaxJet Global has invested in a new computer numerical control (CNC) waterjet machine to bolster its specialised flange and seal offerings for the valves sector. The CNC waterjet machine, one of the first installations of its kind in Africa is equipped with newly... →
Desmond Maharaj resigns as AMSA CFO
By: Simone Liedtke 4th May 2021 Desmond Maharaj has resigned as CFO and executive director of steelmaker ArcelorMittal South Africa (AMSA) to pursue personal opportunities outside of the business. AMSA expects Maharaj to step down no earlier than July 31 and no later than September 30, giving it ample opportunity to identify... →
Increase in tanks demand presents challenges
By: Darren Parker 9th April 2021 Despite a global increase in stainless steel tanks production over the past 12 months – particularly for the food and beverage sectors – some subsectors are facing challenges, says stainless steel supplier Columbus Stainless market development manager Lerato Mashigo. “The food and beverage sector... →
Multi Alloys to merge with EMVAfrica
By: Schalk Burger 1st April 2021 Special alloys company Multi Alloys will merge with EMVAfrica to become a specialised division of the stainless steel products and valves company on May 1. The merged businesses will give EMVAfrica a widened and enhanced range of long products, from the ferritic and austenitic stainless,... →
Pandemic increases demand for pumps
By: Simone Liedtke 19th March 2021 With much of the world being tested to its limits by the Covid-19 pandemic, it resulted in an increased demand for pumps and related accessories, says specialist pump company Integrated Pump Technology sales manager Jordan Marsh. He explains that, with mines being considered as “hot spots” for... →
Taxpayer loses as multimillion-rand investment collapses amid allegations of fraud, mismanagement
By: News24Wire 8th March 2021 The KwaZulu-Natal Growth Fund (KGF), Industrial Development Corporation (IDC) and private investors have burnt their fingers and lost more than R330-million in an ill-fated cookware-manufacturing plant which has now been liquidated. INSA, in which the KGF, IDC and private funders had invested... →
Company secures distributor deal
By: Halima Frost 5th March 2021 Engineering solutions provider BMG has been appointed as the exclusive distributor of Swagefast fastening systems in Africa, including South Africa. “This means that BMG will have the capacity to supply heavy industrial pin and collar fastening solutions directly to the rail industry,” says BMG... →
Seifsa partners with Venncap to help metals, engineering companies secure funding
By: Schalk Burger 4th March 2021 Industry body the Steel and Engineering Industries Federation of Southern Africa (Seifsa) has partnered with funding consulting firm VennCap Business Solutions to assist metals and engineering sector companies to secure funding for their businesses and enable them to chart a course to... →
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